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VanadiumCorp Resource Inc.

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Summary

Project:

Lac Dore

Deposit:Lac Dore
Location:Canada
Commodities:Vanadium
Date:11/1/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:1-11-2018: VanadiumCorp Resource Inc. announces an Exploration/Drilling Update report for its Lac Dore deposit at the Lac Dore project. Summary of property in a property of merit report. Micon International Limited (Micon) was engaged by VanadiumCorp Reso
Resources:x
CP/QP:[Overall Report]: Terrence Hennessey (Micon International Ltd.)
ABSTRACT:Micon International Limited (Micon) was engaged by VanadiumCorp Resource Inc. (VanadiumCorp) to prepare an Exploration Report, also known as a Property of Merit Report, compliant with National Instrument 43-101 for its Lac Doré vanadium property located in Québec. 1.1 LOCATION The Lac Doré Vanadium Project is located 30 km southeast of the town of Chibougamau, in central Québec. The project includes two properties which cover an area of 52.86 km2 and consists of 114 map designated cells (see Section 4.0). 1.2 GEOLOGY AND MINERALIZATION The Lac Doré deposit is hosted in the Lac Doré Anorthositic Complex, dated at 2.728 Ga. This Archean complex is at the core of the eastern end of the northern domain of the Abitibi Greenstone Belt, Abitibi sub-Province, and Superior Province in the Canadian Shield. The complex is a lopolith, a sub-tabular intrusive body of mafic to anorthositic composition, strongly differentiated near its top. The lopolith is emplaced within the Waconichi Formation, a felsic volcanic and sedimentary pile, and folded along by the regional anticlinorium. The deposit is hosted in a homoclinal sequence of magnetite bearing layers within the South flank of the Lac Doré Anorthositic Complex. The top of stratigraphy is to the south.

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